Proposed Federal Wage Freeze
As the federal deficit begins to approach $14 Trillion dollars, new proposals are underway to reduce government spending. The latest being considered is a freeze on government employee wages for the next two years. The average annual government employee salary is now over $80,000 dollars as compared to just slightly over $50,000 dollars for private […]
In: Business Stories · Tagged with: Billion Dollars, Budget, Employee Salary, Employee Wages, Federal Deficit, Federal Employees, Federal Jobs, Federal Proposal, Federal Wages, Financial Health, Government Employee, Government Employees, Gum, Painful Sacrifice, Private Sector Employees, Proposals, Salary Information, Trillion, Wage Freeze
Senate Kills Unemployment Compensation Extension
The U.S. Senate on Thursday killed a bill that would have extended payment of unemployment compensation benefits through Dec. 31, 2010. As a result, says the Wall Street Journal, some 1.3 million unemployed Americans will almost immediately lose their assistance. The American Workers, State, and Business Relief Act of 2010 (H.R. 4213), stalled when Senate Democrats failed to get the 60 votes needed to […]
In: Job Search Advice · Tagged with: Baucus, Bayh, Bingaman, Carper, Dorgan, Eligible Unemployed Workers, Federal Assistance, Federal Deficit, Inouye, Landrieu, Lautenberg, Mccaskill, Merkley, Relief Act, Schu, Senate Democrats, Summer Youth Jobs, U S Senate, Unemployment Compensation Benefits, Wall Street Journal